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WEEKLY NEWS UPDATE FOR 27TH JULY – 2ND AUGUST

Headline Of The Week

The computer hardware manufacturer Razer has acquired all of the software assets of Ouya (the ‘one time Kickstarted micro-console darling turned embarrassing failure of a venture’), with the intention of migrating all current users to its own Forge TV micro-console in the near future. Old Ouya customers will be allowed to transfer their games and accounts, while the Ouya marketplace will be rebranded. Most of the folks that worked at Ouya will retain their jobs, but the founder and CEO Juile Uhrman has bailed out.

The acquisition caused a panic storm when it was initially reported that Razer would not honor the poorly planned ‘Free The Games Fund’ that Ouya set up, meaning that a number of the twenty-seven developers who took part in the promotion would lose out on the income needed to complete their games. Razer’s CEO Min-Liang Tan quickly confirmed that his company would then cover the $620,000 that Ouya owed to developers, with a few caveats – a more in-depth explanation of the situation by Polygon can be found here.

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